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Owner Contacts

$278,000

NAL Estimated Property Value

1214 Burning Tree Rd, Houston, TX, 77339

Off Market

3 Beds

2 Bath

1,921 Sq Ft

Single Family Residence

$140.03 / sqft

Built in 1963

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Dishwasher

FlooringTile, Vinyl

Exterior

Lot Size14,070 sqft

Building Information

Year Built1963

Stories1

Garage Spaces2

Land Information

APN0974810000017

Lot Number17

SubdivisionForest Cove Country Club Estates

Land UseResidential

Legal DescriptionLT 17 BLK 37 FOREST COVE COUNTRY CLUB ESTATES SEC 1 U/R

Census Tract251100

Assessed Land Value$117,079

Assessed Improvement Value$140,604

Assessment Year2025

About this property

1214 Burning Tree Road Feels like Country living! The backyard has room for a pool and more! The best part is that it has been updated with Stainless Steel appliances in the kitchen, water proof wood plank through out the home, roof, A/C , foundation repaired to the entire home & electrical main panel updated as well as the electrical outlets. The family room over looks back yard and features a gas log fire place flanked by entire wall of brick. It's very clean and ready for you to call it HOME! It has easy access to the freeway for commuting to work, shopping or dinning around the Kingwood area. COME VIEW TODAY!

Investor Tools

$278,000

Estimated Property Value

$259,626Estimated Mortgage Balance

$18,374Estimated Equity

5% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,668 /month

Positive

Cash Flow Estimate:

$556 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$317/month

$160/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,410

$257,683

2025

$117,079

$140,604

$257,683

Tax History

Year

Tax Paid

Assessed Value

2024

$2,410

$257,683

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bayfirst National Bank

Conventional

$270,019

First

Oct 24, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$259,626

$16,374

93%

$1,668/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,070/mo

$1,828/mo

+$242/mo

8.9%

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